Why SVB and Signature Bank failed so fast
March 13, 2023 at 20:21 PM EDT
Why SVB and Signature Bank failed so fast Signature Bank collapsed at lightning speed. AP Photo/Yuki Iwamura By Vidhura S. Tennekoon, Indiana University Silicon Valley Bank and Signature Bank failed with enormous speed – so quickly that they could be textbook cases of classic bank runs, in which too many depositors withdraw their funds from […] Source
